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Answer :
We are given the function
[tex]$$
f(t) = P e^{rt}
$$[/tex]
with the values
[tex]$$
f(4) = 246.4, \quad r = 0.04.
$$[/tex]
Since the function is defined as above, we substitute [tex]$t = 4$[/tex] into the function to get:
[tex]$$
246.4 = P e^{0.04 \times 4}.
$$[/tex]
First calculate the exponent:
[tex]$$
0.04 \times 4 = 0.16.
$$[/tex]
So the equation becomes:
[tex]$$
246.4 = P e^{0.16}.
$$[/tex]
To solve for [tex]$P$[/tex], we divide both sides of the equation by [tex]$e^{0.16}$[/tex]:
[tex]$$
P = \frac{246.4}{e^{0.16}}.
$$[/tex]
Evaluating the denominator, we have:
[tex]$$
e^{0.16} \approx 1.1735.
$$[/tex]
Thus,
[tex]$$
P \approx \frac{246.4}{1.1735} \approx 210.
$$[/tex]
Therefore, the approximate value of [tex]$P$[/tex] is [tex]$\boxed{210}$[/tex].
[tex]$$
f(t) = P e^{rt}
$$[/tex]
with the values
[tex]$$
f(4) = 246.4, \quad r = 0.04.
$$[/tex]
Since the function is defined as above, we substitute [tex]$t = 4$[/tex] into the function to get:
[tex]$$
246.4 = P e^{0.04 \times 4}.
$$[/tex]
First calculate the exponent:
[tex]$$
0.04 \times 4 = 0.16.
$$[/tex]
So the equation becomes:
[tex]$$
246.4 = P e^{0.16}.
$$[/tex]
To solve for [tex]$P$[/tex], we divide both sides of the equation by [tex]$e^{0.16}$[/tex]:
[tex]$$
P = \frac{246.4}{e^{0.16}}.
$$[/tex]
Evaluating the denominator, we have:
[tex]$$
e^{0.16} \approx 1.1735.
$$[/tex]
Thus,
[tex]$$
P \approx \frac{246.4}{1.1735} \approx 210.
$$[/tex]
Therefore, the approximate value of [tex]$P$[/tex] is [tex]$\boxed{210}$[/tex].
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